Friends Of The Battleship North Carolina Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 181,334 | 233,857 | −52,523 | -0.3 | — |
| 2012 | 1,194,756 | 211,450 | 983,306 | 55.5 | 0% |
| 2013 | 1,768,725 | 336,132 | 1,432,593 | 86.0 | 0% |
| 2014 | 883,524 | 331,715 | 551,809 | 99.0 | 0% |
| 2015 | 685,470 | 404,499 | 280,971 | 89.5 | 0% |
| 2016 | 3,425,762 | 4,355,859 | −930,097 | 5.8 | 0% |
| 2017 | 732,649 | 230,400 | 502,249 | 134.9 | 0% |
| 2018 | 399,342 | 199,195 | 200,147 | 168.1 | 0% |
| 2019 | 318,369 | 487,266 | −168,897 | 64.6 | 0% |
| 2020 | 212,644 | 2,216,806 | −2,004,162 | 3.3 | 1% |
| 2021 | 135,524 | 57,630 | 77,894 | 144.7 | 42% |
| 2022 | 159,422 | 104,812 | 54,610 | 85.8 | 23% |
| 2023 | 210,886 | 103,982 | 106,904 | 98.9 | 23% |
In its most recent public year (2023), this organization brought in $106,904 more than it spent. Its reserves stood at about 98.9 months of spending, up from -0.3 in 2011. Staff pay was 23% of spending. $466,945 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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